Get started

Spy500

THE STOCK MARKET IS BULLISH AGAIN... For now!Hey guys, Utilising the S&P500, we can determine a very bullish response the Fed Funds Rate increase of 25 basis points. Jeremy Powell ensured the US to have a very strong economy and labour market which has placed trust in the overall stock market. Have we seen the top of the market or will we be seeing another high to be made? I believe if we see another high, it will be 'fakeout' move to grab upper side liquidity, followed by a large push back to the downside. It seems absurd to me that the market can continue to make high highs with 7.9% inflation and interest rates of 0.25% coupled with insane oil/gas prices and supply chain disturbances. Not to mention the national debt and conflicts between Russia and the rest of the world. I will do a post shortly on the business cycles and show why the Euphoric gains are now over. Love, peace, Seb.
OANDA:SPX500USDLong
by SXTrading
IBOVNow sucking up to my country. We have an index doing better than SPY! After we have broken through this lower channel, we come back to the surface. We are practically already activating a bullish pivot, we now need confirmation. Entering the fundamentalist part. Countries from abroad are coming to invest in our Brazil index as our index is doing better than others. DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They should not be considered as a recommendation to buy or sell an asset! I am not responsible for any damages to your capital. Your capital is at risk in the equity market.
BMFBOVESPA:IBOVLong
by DuhNT
SPY Update! Looking attractive here. The trend is a good friend.SPY had been on this strong up trend since the COVID plummet in March 2020. On this chart you can see how it broke the regression trend to the downside. How low... can you go...? Notable things to watch: - The gap that MAY! fill at $400 that can be seen on the daily & weekly time frames. - FOMC this week; for shits n' giggles. - Short term outlook - on the Daily time frame the 200 sma (in red) is sitting in the $400 area where the gap MAY! fill. - Long term outlook - on the weekly time frame you can see that the 200sma (in red) is coming up on the 61.80% ($318.17). (chart attached below) Just ride the trend & enjoy the ride but use proper risk management. Its all about the journey & the mulah is a by product of it all. This is not financial advice. This is to be taken as my opinion only!
AMEX:SPYShort
by AnthonyGarciaEth
SPY in 200ma retest today as predicted.Hello Traders - This will be an important day for technical traders. We need to see what happens with the price action around the 200ma before we can make a truly educated technical analysis, in my opinion. A lot of analysis, appear to be skipping ahead.. Unless they saw a pattern or are using more of a historical data technical analysis--are really just guessing. I saw a lot of these doom and gloom predictions make the front page and didn't see any of them mention a retest of the 200ma except one in the comments after... I guess sensationalism gets the most eyes, right? Looking at you @TradingView "editor choice." ;) I hope everyone is having a great day! Cheers, Mike (UPRIGHT TRADING)
AMEX:SPY
by UPRIGHTTrading
$SPY not looking good. Hello Traders, I hope you all are doing well. Notice the Head & Shoulder pattern on the chart. Good for Shorts though. If this H&S plays out we could see a significant drop, up to 6-10% from current levels. However, if there is some throwback on Monday, we could see a much weaker pullback. As I mention in the chart: If 431.25-431.75 support holds,we could see some throwback. Thus, weakening the pattern. Either way, it doesn't look good. Everyone's saying "Putin's got Puts" on the market, well maybe so; I mentioned in my previous post that geopolitics hadn't yet been factored in, well now they are starting to. I would like to note, although geopolitics can affect the markets... In what we are seeing currently, the largest disruption would only be from 2 things: uncertainty (markets don't like) and potential disruption in crude oil distribution to our allies, which could be a good thing if you're bullish on gas/oil prices (bad for inflation). Now is a great time to remember to practice good risk management. It'd be reckless to go all in on either side of the bull/bear coin, so as always.. know your levels, entry, exit, and stick to your strategy and rules . Cheers, Mike (UPRIGHT TRADING)
AMEX:SPY
by UPRIGHTTrading